Documents
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Attributes
Year Built | 2000 |
Building Area Gross |
|
Land Area Gross |
|
Occupancy | 1.0 % |
Asset Description
As exclusive advisor, JLL is pleased to offer the opportunity to acquire The Lakewood Pointe Pads ( “the Property”), 100% occupied outparcels totaling 8 ,084 square feet located i n t he city of Marysville, WA. The Property was constructed in 2013 and is positioned off Interstate-5 (118,000 VPD) and directly adjacent to major national retailers such as Target, Costco, Dick’s Sporting Goods, and Best Buy. Offering an internet resistant mix of retailers. In-place leases offer a true NNN structure with limited landlord responsibilities and a staggered rollover schedule that eliminates lease-up risk.
Investment Highlights
- Rare and Attractive Fixed Rental Increases
- Freeway Access and Visibility
- Abundant Parking and Accessibility
- Excellent Demographics
- Limited Landlord Responsibility
- Internet Resistant Tenant Mix
- Dominant Retail Trade Area
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